Madison Capital- Winner of the 11th Annual Turn-Around Awards

On January 27th 2017, the M&A Advisor declared the winners of the 11th Annual Turnaround Awards. The awards are set to be held at a Black Tie Gala at the Colony Hotel in Palm Beach on the 23rd of March, 2017. Madison Street Capital won under the category of the Restructuring Deal of the Year. Madison Street Capital was among more than 300 companies that were competing for the award. According to David Fergusson, the president and Co-CEO of M&A Advisor, Madison Street Capital was the best in the reorganization and distressed investing industry in 2016.

 

 

Madison Street Capital’s Response

 

 

Responding to the award, the CEO of Madison Street Capital, Charles Botchway, remarked that the company was honored to be granted the award. He reiterated that his firm was comprised of dedicated employees with industry expertise, and a high commitment to delivering efficient solutions to all their clients.

 

 

The Distressed Investing Summit

 

 

The Award Gala is part of the 2017 Distressed Investing Summit that will be held between March 22nd and 23rd. The Summit will comprise 200 leading professionals from the industry. These professionals will participate in interactive forums, and will be led by restructuring industry bigwigs and Bloomberg media gurus. The opening reception will be hosted at the Mar-A-Lago Club while the award celebrations, symposium, and closing party will be held at the Colony Hotel at Palm Beach.

 

 

About Madison Street Capital

 

 

Madison Street Capital is an investment banking institution dedicated to excellence, integrity, service, and leadership in delivering financial advisory services, financial opinions, merger and acquisition advice, and valuation services. These services are meant to help consumers succeed internationally. When Madison Street Capital takes over a project, the objectives and goals of the client become theirs. The company sees emerging markets as the driving force for global growth, and directs significant assets towards these markets.

 

 

Madison Street Capital is dedicated in building formidable enterprises in communities across America. Apart from offering financial solutions to clients, Madison Street Capital reputation includes its contribution to philanthropic activities. One of the charity organizations backed by Madison Street Capital is the United Way. Situated in Alexandria (Virginia), the United Way is made up of a national network comprising of committed partners who are focused on mobilizing communities, and improving lives. United Way aims at identifying community issues and resolving them. United Way is also dedicated to effecting changes in communities by partnering with government agencies, schools, financial institutions, businesses, and voluntary organizations.

 

For more details, visit http://madisonstreetcapital.org/.

 

 

 

Categories: Investment Banking

Research Company Pained by Laidlaw Breach

Relmada Therapeutics has recently received an a temporary restraining order and injunction in Nevada courts, against Laidlaw & Company, Ltd for their dissemination of false and misleading proxy materials. In 2011, Relmada appointed Laidlaw as their primary investment banker. Laidlaw also served as the financial adviser during merger discussions. However,in the summer of 2015, Laidlaw failed their client during a time of positive growth.

U.S. Federal Court Issues Temporary Restraining Order Against Laidlaw & Company And Its Principals Matthew Eitner And James Ahern

Relmada Therapeutics is not allowing the pain caused by Laidlaws failures to dim the future of the company. Recently, a letter was issued to their stock holders that stated:
“Relmada benefits from a pipeline that is strong, robust and delivering results. As evidence of our success,…” In addition to addressing the Laidlaw debacle the company geared focus to the positive movement they are currently making relating to pain management research and developments. The company also took pride in their enlistment of James Dolan to their advisory team.

While the fight is not over in Nevada, it seems Laidlaw & Company has a history of failures. Laidlaw Broker Leonard V. Gallick, Jr. has a history of complaints resulting in clients recovering damages for various fraudulent actions. Managing Partner James Ahern, has had woes of his own. Although Matthew Eitner‘s profile on the company website lists his experience with niche company Casimir Capita- a quick online search has shown he has loss cases involving breach of contract; failure to train and supervise; breach of fiduciary duty; violation of duty to deal fairly and in good faith; actual and constrictive fraud; and violation of the state securities acts.

The United States is working towards a bright future, since the recession of 2008. In order for our country to flourish one thing we need to do is hold those working in the financial securities sector accountable. It is important to me that we set high standards to prevent the financial devastation we are overcoming, from ever happening again. In my opinion, to do that we need to restrict the operation of companies like Laidlaw from participating in financial activities.

Categories: Investment Banking